Value Line, Inc. (NASDAQ:VALU) Short Interest Update

Value Line, Inc. (NASDAQ:VALU) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 9,007 shares, a decrease of 18.9% from the November 30th total of 11,109 shares. Based on an average daily volume of 2,741 shares, the short-interest ratio is currently 3.3 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,741 shares, the short-interest ratio is currently 3.3 days.

Hedge Funds Weigh In On Value Line

A number of hedge funds have recently modified their holdings of the business. Cloud Capital Management LLC bought a new stake in shares of Value Line in the third quarter worth $128,000. Millennium Management LLC acquired a new position in Value Line during the 3rd quarter worth about $334,000. Strs Ohio acquired a new position in Value Line during the 1st quarter worth about $356,000. Teton Advisors LLC bought a new stake in shares of Value Line in the 3rd quarter valued at about $1,171,000. Finally, Neuberger Berman Group LLC increased its stake in shares of Value Line by 3.5% in the third quarter. Neuberger Berman Group LLC now owns 114,473 shares of the financial services provider’s stock valued at $4,474,000 after buying an additional 3,923 shares during the period. Institutional investors and hedge funds own 6.26% of the company’s stock.

Value Line Stock Performance

Shares of VALU opened at $38.43 on Friday. Value Line has a 52 week low of $32.94 and a 52 week high of $54.29. The stock has a market capitalization of $360.86 million, a price-to-earnings ratio of 17.00 and a beta of 1.21. The stock has a fifty day moving average of $37.53 and a 200-day moving average of $38.10.

Value Line (NASDAQ:VALU) last issued its quarterly earnings data on Monday, December 15th. The financial services provider reported $0.60 earnings per share for the quarter. Value Line had a return on equity of 20.88% and a net margin of 61.58%.The business had revenue of $8.56 million for the quarter.

Value Line announced that its board has authorized a share buyback program on Wednesday, October 29th that allows the company to buyback $2,000.00 billion in outstanding shares. This buyback authorization allows the financial services provider to purchase up to 547,465.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Value Line Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Monday, October 27th were issued a dividend of $0.325 per share. This represents a $1.30 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Monday, October 27th. Value Line’s payout ratio is 57.52%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Value Line in a report on Monday. Wall Street Zen raised Value Line to a “hold” rating in a research note on Saturday, September 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

About Value Line

Value Line, Inc is a New York–based independent investment research and financial publishing company known for its flagship product, the Value Line Investment Survey. Established in 1931 by Arnold Bernhard, the firm provides timely data, analysis and investment recommendations on a broad universe of equities. Its research covers approximately 1,700 U.S. and Canadian stocks, offering proprietary rankings that help individual investors and financial advisors identify potential opportunities based on relative price performance, earnings outlook and risk metrics.

In addition to the Investment Survey, Value Line offers a suite of digital products and services designed to meet the evolving needs of its clientele.